Al Maghderi ... supporting SMEs is key to boosting the
economy
Nama Group backs Business Opportunities Forum
MUSCAT, November 15, 2015
Nama Group, in line with its commitment towards supporting a diverse and sustainable economy and contributing to the Oman’s growth, is among the main sponsors of the Business Opportunities Forum, to be held tomorrow, in Oman.
The event will take place on November 16 and 17, at the Oman International Exhibition Centre.
Nama Group will be the Gold sponsor of the forum organised by Oman Chamber of Commerce and Industry (OCCI), the two-day event aims to enhance partnerships between corporate entities and Small and Medium Enterprises, said a statement.
The sponsorship is a part of the group’s objective to enrich the in-country value for products and services, especially in the electricity sector, it said.
The group believes in inspiring the Omani youth to embrace the spirit of entrepreneurship and be able to play a strategic role in helping these local small and medium-sized enterprises (SMEs) establish themselves in the market, it added.
Nama Group will also use this event as an opportunity to highlight the company’s capital programme for 2016 which is worth $1billion, said the statement.
Additionally, the group will carry out signing ceremonies for some major projects, and showcase ventures that support the economic development of the nation.
Eng Hamad Al Maghderi, CEO of Rural Areas Electricity Company (Raeco), and the chairman of in-country value committee, said: “Supporting the SMEs is key to boosting the economy. Also, this is where most of the innovation comes from.”
“As part of our group’s basic values, we endeavour to build a sustainable future for the country and that can happen only when events such as the Business Opportunities Forum receive support from corporate entities. We wish to continue encouraging more such initiatives in the future,” he added. – TradeArabia News Service